Wedding Chapel, Lounge/Nightclub, Event

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WEDDING CHAPEL, LOUNGE/NIGHTCLUB, EVENT/BANQUET CENTER, HOTEL & RESTAURANT Value-Add Mixed Use Property – Investment or Owner/User Opportunity CommercialSun Real Estate, Inc. 1205 Las Vegas Boulevard South, Las Vegas, Nevada 89104 2 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL COntaCt teaM

Cathy Jones, CPA, SIOR, CCIM Anders Graciano CEO Senior Associate 702-968-7320 702-968-7336 [email protected] [email protected]

Jessica Cegavske Taylor Vasquez Roy Fritz Vice President Associate Senior Vice President 702-968-7321 702-968-7316 702-968-7322 [email protected] [email protected] [email protected]

Exclusively listed by: Sun Commercial Real Estate, Inc. 6140 Brent Thurman Way, Suite 140, Las Vegas, Nevada 89148 702 | 968 | 7300 Ph • 702 | 968 | 7301 Fax www.SunCommercialRE.com

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 3 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL COnfidentiaLity & disCLOsure

SUN COMMERCIAL REAL ESTATE, INC. (the “Broker”) has been retained on an exclusive basis to market the property described herein (the “Property”). Broker has been authorized by the Seller of the Property (the “Seller”) to prepare and distribute the enclosed information (the “Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed fnancial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide fnancial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate.

The Material is intended solely for the purpose of soliciting expressions of interest from qualifed investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verifed by the Seller or its affliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker, nor any of their respective affliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or offcers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available fnancing, and must independently confrm the accuracy of the projections contained in the pro forma.

Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto.

Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information.

Cathy Jones, CPA, SIOR, CCIM CEO [email protected]

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 4 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL tabLe Of COntents

Property Overview Section 1

Investment Summary - Owner/User Proposed Area Development Surrounding Aerial Map Investment Summary - Sale/Leaseback Lease Abstract - Proposed Tenant Overview Property Summary Property Photos

Location Overview Section 2

Assessor Parcel Map Las Vegas Valley Location Map Las Vegas Retail Market Review Area Demographics

Las Vegas Highlights & Overview Section 3 5 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL inVestMent suMMary - OWner/user

THE OFFERING

The Investment Services Group at Sun Commercial Real Estate has been exclusively retained to offer qualifed investors the opportunity to acquire a mixed-use retail opportunity on Las Vegas Boulevard, consisting of a 16,000 SF 3 story Hotel, 3,000 SF Wedding Chapel, 6,500 SF Event Center and 5,500 SF Restaurant totaling ± 31,000 square foot. The Property is situated on 1.64 acres on Las Vegas Boulevard just south of Charleston Boulevard having the civic address of 1205 Las Vegas Boulevard, Las Vegas, NV 89104. The offering is an Owner/User opportunity.

INVESTMENT HIGHLIGHTS

• Prime Las Vegas Strip Location • One of Las Vegas longest running and most famous Wedding Chapels that includes both indoor and outdoor venues. • Stunning 6,500 SF Event & Banquet Center built in 2013 and seats 240 people. The facility comes with a full bar and kitchen, and has a stage area big enough for shows and cabarets. The facility would be excellent for a nightclub and lounge as well. • 16,000 square feet 27 room hotel that could again serve as a hotel to the event center, currently being used for the wedding chapel, offces, call center and storage. • 5,500 SF very popular newly renovated Thai Cuisine Restaurant. The restaurant has 3 years left on their current lease paying $1.12 PSF/month which is below market rent. The lease includes 3% yearly rent increases and one 5 year extension. • Future Development Opportunity with Possible Entitlements for a High-Rise Gaming Hotel

SUMMARY

Asking Price: $6,495,000 APN: 162- 03-106- 001

Total Building Area: ± 31,000 SF Price per SF: $210

Total Land: ± 1.64 Acres Zoning: C-2 (General Commercial)

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 6 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOpOsed area deVeLOpMent - OWner/user

2005 PLANS - VIVA LAS VEGAS 1141 S. LAS VEGAS BOULEVARD 204 room, 24 story hotel and wedding chapel New Retail Project

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 7 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOpOsed area deVeLOpMent - OWner/user

1215 S. LAS VEGAS BOULEVARD Proposed Apartment & Retail Project

In May 2017 the Las Vegas Planning Commission approved plans to develop a 15-story, 370-unit apartment building at the site adjacent to the Subject Property. The tower, which would include 16,000 square feet of retail space, would be called Thunderbird Lofts.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 8 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL surrOunding aeriaL Map - OWner/user

MANDALAY BAY PALMS RIO TREASURE ISLAND WYNN/ENCORE

LAS VEGAS HILTON PALACE STATION CONVENTION CENTER GRAND CIRCUS CIRCUS WESTGATE VACATIONS HILTON GRAND SLS VACATIONS

SAHARA AVENUE STRATOSPHERE

LAS VEGAS BOULEVARD

SUBJECT PROPERTY

CHARLESTON BOULEVARD

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 9 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL inVestMent suMMary - saLe/LeasebaCk

THE OFFERING

INVESTMENT HIGHLIGHTS

• Prime Las Vegas Strip Location • Stable Income Producing Property with a 18 Year Operating history • 10 Year Sale-Leaseback Term • Two (2%) Percent Annual Rental Increases • Below Market Rent Structure starting at only $0.92 PSF Provides Safety of Income

SUMMARY

Asking Price: $6,495,000 APN: 162-03-106-001

In-Place NOI: $342,000 Total Building Area: ± 31,000 SF

First Year Cap Rate: 5.26% Price per SF: $210

Firm Lease Term: 10 Years Total Land: ± 1.64 Acres

Annual Increases: 2% Zoning: C-2 (General Commercial) 10 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Lease abstraCt - prOpOsed - saLe/LeasebaCk

LEASE SUMMARY

Tenant Trade Name: Decar Enterprise LLC

Ownership: Private

Tenant: Decar Enterprise LLC

Guarantor: Personal

Lease Type: Absolute NNN

Landlord Responsibilities: None

Monthly Base Rent: $28,500

PSF Base Rent: $0.92 PSF

Square Footage: ± 31,000

Lease Term: 10 Years from COE

Lease Commencement: Close of Escrow

Annual Increases: 2%

Options: Two 5 year at FMV 11 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL tenant OVerVieW - saLe/LeasebaCk

Decar Enterprises LLC consists of an event center and a wedding chapel. The event center is a beautiful 6,000 square foot venue located right on the Las Vegas Strip between the Stratosphere Hotel and the Fremont Street Experience, making it the ideal spot for the convenience of your private party. They specialize in exquisite wedding receptions but also welcome everything from private parties to Sorority & Fraternity functions. With its versatile performance space and state-of-the-art multi-media capability, The Event Center’s striking banquet hall is both intimate and spacious, with elegant seating for groups up to 300 people.

The Viva Las Vegas Wedding Chapel is an iconic Las Vegas land mark with more than 20 years of experience in the industry. Their weddings are famous for their attention to detail in an unprecedented atmosphere with a large variety of accommodations and wedding packages to make certain the big day is an experience that won’t be forgotten. In addition, the business has a commanding online presence in part due to a large social media following but also through ownership of the highly valuable domain www.vivalasvegas.com.

HEADQUARTERS Las Vegas, Nevada 1205 Las Vegas Boulevard South Las Vegas, Nevada, 89104 Phone: 702.384.1100 www.vivalasvegasweddings.info Elvis Wedding

Halloween Wedding Egyptian Wedding 50’s Wedding

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 12 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOperty suMMary

Property Location: The Property is located at the southeast corner of S. Las Vegas Boulevard and Park Paseo, having the civic address of 1205 Las Vegas Boulevard South. The property is less than a mile east of the I-15 on/off ramp at Charleston Boulevard, providing easy access to McCarran International Airport, the Las Vegas Strip and the 215 Beltway.

Property Description: This Property consists of a 3 story multi-tenant mixed used property that includes; 16,000 SF 3 story Hotel, 3,000 SF Wedding Chapel, 6,500 SF Event and Banquet Center and 5,500 SF Restaurant built in 1950 and totals +/- 31,000 square feet on a 1.64 acre lot. The property has excellent street exposure on Las Vegas Boulevard offering 278 feet of frontage and traffc count of over 26,000 cars per day.

Assessor Parcel Number: 162-03-106-001

Site Size: ± 1.64 Acres

Building Size: ± 31,000 SF

Zoning: C-2 (General Commercial - City of Las Vegas)

Parking Area: 74 Surface Parking Spaces - Ratio ± 2.39 / 1,000

Construction Year: 1950

Renovation: The Event and Banquet Center was fully renovated in 2013 including bar and kitchen

Traffc Counts: On S. Las Vegas Boulevard, S. of Charleston Boulevard: ±26,000 CPD

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 13 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOperty phOtOs

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 14 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOperty phOtOs (COn’t)

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 15 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOperty phOtOs (COn’t)

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 16 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOperty phOtOs (COn’t)

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 17 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL prOperty phOtOs (COn’t)

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 18 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL assessOr parCeL Map

This map is for assessment use only and does NOT represent a survey. ASSESSOR'S PARCELS - CLARK CO., NV. SEC. T21S R61E 3MAP N 2 NW 4 162-03-1 Michele W. Shafe - Assessor BOOK No liability is assumed for the accuracy of the data deliniated herein. 8 484 PARCEL BOUNDARY CONDOMINIUM UNIT 001 ROAD PARCEL NUMBER 125 124 123 654321 Information on roads and other non-assessed parcels may be obtained 5 1 5 1 from the Road Document Listing in the Assessor's Office. SUB BOUNDARY AIR SPACE PCL 001 PARCEL NUMER 138 139 140 121110987 PM/LD BOUNDARY ACREAGE 18 17 16 15 1314 RIGHT OF WAY PCL 1.00 6 2 ROAD EASEMENT 2 6 19 23222120 24 This map is compiled from official records, including surveys and deeds, MATCH / LEADER LINE SUB-SURFACE PCL 202 PARCEL SUB/SEQ NUMBER 163 162 161 30 29 28 27 26 25 7 3 7 3 but only contains the information required for assessment. See the HISTORIC LOT LINE PB 24-45 PLAT RECORDING NUMBER NOTES recorded documents for more detailed legal information. 31 3635343332 HISTORIC SUB BOUNDARY BLOCK NUMBER 176 177 178 8 4 8 4 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL 5 HISTORIC PM/LD BOUNDARY 5 LOT NUMBER MAP LEGEND SECTION LINE 5 51 1 0 100 200 400 600 800 110 .6 GL5 GOV. LOT NUMBER Scale: 1" = 200' Rev: 5/9/2017 20 56.52 20061208:5096 58.31125.03 22 299.03 204.5 48 169.57 029 020 022 023 034 014 VAC 4:6 324 021 017 023 40 018 019 001 56.52 395.64 45.22 > E5 >E5 002 CHARLESTONE 5BLVD 014 007 60 60 008 "007

003 10 033 005 10 006 39.21 049 009 010 011 012 048 80.66 52.93 80.05 R=30 194.20 R=25 125.2 15 9 129.17 199.68 40 80 121.71 88.81 043R=54 R=25 80 80 4 032 R=38 5 3 1 : PM 105 3 AQUARIUS 004 1 001 20 114 1 001 147.65 040 039 038 002 160 130.03 124.76 110 109 108 037 036 0 D 137.4 076 075 002 137.38 9 85-41 074 073 072 153.85 PLAZA 210.32 0.49 9 C 006 157.49 0.4 155.25 170.01 1 2 34 10 1.5 25 5 6 232.17 041 189.84 6 78 910 AC 122.53 78910 11 12 12 11 12 PB 87-77 20 34 5678910 11 12 25 2 V 031 229.48

20 280

20 525 129.94 10 115 1 25 140 1 20 (PTA)

142.92 20 LAS VEGAS/ 140 140 001 40 140 130.01 18 111.28 50 13 112 50 50 50.01 035 140 19 10 2.18 18.5 18 50 13 50 50 423.5 21.15 1 13 002 50 CHARLESTON 077 50 6 247.3 50 044 5 143.9 18 PT 1 7 071 50 105 17.45 14 20 034 129.07 002 339.46 50.01 113 19 107 002 253 045 200 20388.7 48.7 14 078 7 003

178.12 19 0.64 200 042 PB 87-77 253

15 E 003 147.68 140 21 033 140.54 114 20 106 50 15 200 079 004 1.1 126.21 2 013 8 21 193.66

8 PB 80-52 105 54 015 112 (PTA) 16 105 140 22 032 13 1 10 PT 1 146.84 21 016 411.11 150 029 42 16 005 125 105 VAC 875 :702413

150 229.42 9 172 080 006 150 200 57 VAC 1541:1500066 17 57 018 20 115 044 23 1 003 12 60 50 0.48 031 034 17 50 50.01 50 BECKLEY 135.12 147.8 14 50 66.43 20 22 140 50 006 202 17 50 10 140 20 10 50 140 18 045 50 50 SUBD 10 24 50 11 140 20 2 BOULDER ADDITION CALIFORNIA ST 140 11 007 15 PARK PLACE ADDITION 052 FOURTH ST 017 1 VAC 200 20614:439 126.5111 120.12 VAC 200 20614:439 54 3 10 035 036 R=25 149.36 133.08 110 16 G 5 12 008 218.5 VAC 200 20614:439 H 191

I 021 40 1 116 50 140 055 104 150.34 PM 120-41 140 50 50 140 004 9 511 053 1 50 4 081 140 VAC 321144

50 13

2 1 046 50 117 156.03 50 PB 2-24 105100 9 030 10 112 151.31 005 100 2 009 017 150.05 5 8 295 0.48 14 012 125 75 200 203 1 135 0.32 009 176 3 118 054 140 2 10 99 030 PT2 152.29 1 PB 1-48 PARK PASEO 135.18 3 082 VAC 875PT :702413 576 005 7 018 11 067 15 022 024 200 44 PT2 4 119 3 047 11 17 R=25 214.6 80.05 115 117 .6 117 .6 153.26 12 101 029 48 1 001 4 116 40 2 MAIN ST 010 PT 034 80 AMENDED LOT J

12 066 009 96 50 PT3 COMMERCE ST PT13 16 5 100 25 4 048 130 17 PB 1-92 1 001 154.24 12 015 20 8 THIRD ST 016 PT3 002 SIXTH ST 140 2 11 106 86.66 14 1 5 022 I PB 2-26

50 75 003 13 065

75 17 50 035 004 6 120 105 5 049 121.76 003 PARK 10 60 008 001 75 PARK PLACE ADDITION 155.21 14 13 3 75 0.24 VAC 421 :381000 85 4 140 17 6 083 269.84 002 017 85 14 50 PT9 1.64 PLACE 10 246 PT 2 244.88 6 011 246.34 13 014 2 121 050 020 4 004 PT9 33 7 14 60 156.19 15 097 028 VAC ADDITION 005 7 15 064 CASINO CENTER BLVD 20010919:00215 003 PT 12113 5 005 42.5 018 7 48 5 REPLAT 8 8 095 1 K PT 3 65 122 50 096 15 LAS VEGAS BLVD SOUTH 117 .4 50.01 50 PT 3 J 157.17 50 50 140 114 .1 60 PT16 50 006 PT16 8 50 50 50 80.11 PT 3 PT 12 52 006 007 350.3 50 7 6 140 16 6 42.5 063 050 L 42.5 117 .4 50 20 PT 3

140 50 442 20 8 051 50 2 036 170 170 004 140 16 FIFTH PL 80 110 .03 021 43 PT 4 40 22 42.5 47.67 114 .1 PT 11 013 40 60 47.67 PT 4 019 007 COLORADO ST 3 50 023 7 001 PB 1-52 SUBJECT PROPERTY037 80 028 104.1 158.73 111.76 PT 4 PT 11 130.1 45 10 42.5 PT 4 45 112 112 37.33 020 140 005 42.5 50 123 140 60 50.01 1 4 50 50 038 006 50 008 9 094 50 140 PT 5 20 1 PT 5 20 8 084 70 495.57 104.1 012 38.67 9 50 37

135 027 85 026 114 .1 85 50 025 012

50 50 124 PT1 222 293.5 2 65 175 9 PT1 046 021 50 PT1 5 65 10 PT9PT9 PT9 10 60

46.33 007 2 PT 5 46.33 009 10 136 50 029 PT3 054 053 052 M PT 5 9 PT 6 3 125 PT2 PT2 10 024 50 50 N PB 1-69

PT2 047 35 11 50 093 6 35 45 PT 6

50 PT3 11 061 140.07 027 324.31 008 85 011 010 50 3 055 9 85 10 HOP 201.08 55.33 50 4 50 PT 6 55.33 022 126 051 039 50 12 092 50 (A COMMERCIAL 7 1 PT 6

131 95 50 030 12 30 117 .4

50 60 3 060 4 056 SUBDIVISION) PT 7 30 2 117 .4 011 108.19

100 11

5 50 127 PB 153-68 040 114 .1 135

150.08 13 138 50 8 375.41 218.53

60 023 001 87.5 79.5 50 98 13 013 114 .38 211.12 268.44 60 129 140 50 009 128 5 057 PT 7 45

50 114 .1 8 PT 7 25 001 140 50 010 225.27 0.48 102 031 032 033 12 PT678.19 041 PT6 140.07 50.66 8 14 50 141.35 268.44 120 85.46 15 117 9 189.83 56.93 117 .6 117 .6 14 059 50 59.35 82.87 208.04 135 134.14 115

50 6 058 130.1 001 028 029 30 50 007

50.5 48.36 105 001 001 50 7 50 60

80 80 70 130 53.3 103 40 042 56.9 51.59 200 15 089 50 10 150 0.32 5 053 61.96 0.17 30 150 68.47 0.27 0.08 203 4 116 .33 80 87.17 118 .73 50 101 57.6 80 15 100 115 .1 50 008 047 50 86.29 054 2 6 .01 7 .63 3 6 130 048 57

8 50 155.86 97.73 93.62 50 0.48 105 034 50 005 005 16 50 11 84.3 001 006 214 84.3

84.36 198.18

201 101.58 The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 19 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Las Vegas VaLLey LOCatiOn Map

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 20 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Las Vegas retaiL Market reVieW

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 21 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL area deMOgraphiCs (1 MiLe radius)

Summary Census 2010 2017 2022 Trends 2017-2022 Population 16,829 17,916 18,977 Households 5,993 6,374 6,828 2 Families 2,388 2,514 2,684 1.8 Average Household Size 2.15 2.17 2.18 1.6 Owner Occupied Housing Units 1,441 1,418 1,513 1.4 Renter Occupied Housing Units 4,552 4,956 5,315 1.2 Median Age 39.6 40.8 41.3 1 Trends: 2017 - 2022 Annual Rate Area State National 0.8 Population 1.16% 1.52% 0.83% 0.6 Households 1.39% 1.40% 0.79% Area 0.4 State Families 1.32% 1.36% 0.71% Annual Rate (in percent) Rate Annual 0.2 USA Owner HHs 1.31% 1.39% 0.72% 0 Median Household Income 0.14% 1.45% 2.12% Population Households Families Owner HHs Median HH Income 2017 2022 Households by Income Number Percent Number Percent Population by Age <$15,000 1,889 29.6% 2,053 30.1% 16 $15,000 - $24,999 1,050 16.5% 1,092 16.0% $25,000 - $34,999 870 13.6% 883 12.9% 14 $35,000 - $49,999 857 13.4% 874 12.8% 12 $50,000 - $74,999 800 12.6% 779 11.4% $75,000 - $99,999 387 6.1% 486 7.1% 10 $100,000 - $149,999 308 4.8% 406 5.9% 8

$150,000 - $199,999 112 1.8% 142 2.1% Percent 6 $200,000+ 100 1.6% 114 1.7% 4 2017 Median Household Income $27,249 $27,444 2 2022 Average Household Income $42,003 $45,964 0 Per Capita Income $17,349 $18,771 0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent 0 - 4 769 4.6% 743 4.1% 791 4.2% 2017 Household Income 2017 Population by Race 5 - 9 631 3.7% 693 3.9% 707 3.7% 45 10 - 14 604 3.6% 628 3.5% 665 3.5% <$15 15 - 19 898 5.3% 907 5.1% 929 4.9% $15 - $24 29.6% 40 16.5% 20 - 24 1,397 8.3% 1,564 8.7% 1,600 8.4% 35 25 - 34 2,888 17.2% 2,931 16.4% 3,135 16.5% 35 - 44 2,750 16.3% 2,639 14.7% 2,676 14.1% 30 45 - 54 2,882 17.1% 2,794 15.6% 2,684 14.1% $200+ 25 55 - 64 2,170 12.9% 2,476 13.8% 2,613 13.8% 1.6% $150 - $199 Percent 20 65 - 74 1,147 6.8% 1,652 9.2% 2,021 10.7% $25 - $34 1.8% 13.7% 75 - 84 494 2.9% 654 3.7% 902 4.8% $100 - $149 15 4.8% 85+ 198 1.2% 234 1.3% 253 1.3% 10 Census 2010 2017 2022 $75 - $99 6.1% 5 Race and Ethnicity Number Percent Number Percent Number Percent $35 - $49 13.4% $50 - $74 White Alone 8,945 53.2% 8,841 49.3% 8,856 46.7% 0 12.6% White Black Am. Ind. Asian Pacific Other Two+ Black Alone 2,725 16.2% 3,143 17.5% 3,401 17.9% American Indian Alone 186 1.1% 199 1.1% 208 1.1% 2017 Percent Hispanic Origin: 39.2% Asian Alone 1,378 8.2% 1,547 8.6% 1,757 9.3% Pacific Islander Alone 106 0.6% 111 0.6% 118 0.6% Some Other Race Alone 2,719 16.2% 3,196 17.8% 3,662 19.3% Two or More Races 769 4.6% 880 4.9% 975 5.1% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Hispanic Origin (Any Race) 6,075 36.1% 7,020 39.2% 7,853 41.4% Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 22 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL area deMOgraphiCs (3 MiLe radius)

Summary Census 2010 2017 2022 Trends 2017-2022 Population 169,640 179,010 189,821 Households 62,679 65,510 69,577 2 Families 32,887 33,768 35,504 1.8 Average Household Size 2.59 2.62 2.62 1.6 Owner Occupied Housing Units 20,506 19,457 20,391 1.4 Renter Occupied Housing Units 42,173 46,053 49,186 1.2 Median Age 35.7 36.9 37.5 1 Trends: 2017 - 2022 Annual Rate Area State National 0.8 Population 1.18% 1.52% 0.83% 0.6 Households 1.21% 1.40% 0.79% Area 0.4 State Families 1.01% 1.36% 0.71% Annual Rate (in percent) Rate Annual 0.2 USA Owner HHs 0.94% 1.39% 0.72% 0 Median Household Income 0.44% 1.45% 2.12% Population Households Families Owner HHs Median HH Income 2017 2022 Households by Income Number Percent Number Percent Population by Age <$15,000 15,226 23.2% 16,297 23.4% $15,000 - $24,999 11,230 17.1% 11,593 16.7% 14 $25,000 - $34,999 10,382 15.9% 10,334 14.9% 12 $35,000 - $49,999 10,205 15.6% 10,292 14.8% $50,000 - $74,999 8,733 13.3% 8,512 12.2% 10 $75,000 - $99,999 4,332 6.6% 5,470 7.9% 8 $100,000 - $149,999 3,288 5.0% 4,424 6.4%

$150,000 - $199,999 1,030 1.6% 1,334 1.9% Percent 6 $200,000+ 1,074 1.6% 1,310 1.9% 4 2017 Median Household Income $30,272 $30,949 2 2022 Average Household Income $44,540 $49,478 0 Per Capita Income $17,317 $19,103 0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent 0 - 4 12,856 7.6% 12,551 7.0% 13,261 7.0% 2017 Household Income 2017 Population by Race 5 - 9 11,404 6.7% 11,505 6.4% 11,841 6.2% $15 - $24 10 - 14 10,329 6.1% 10,541 5.9% 11,062 5.8% 17.1% 40 15 - 19 11,047 6.5% 10,584 5.9% 11,044 5.8% <$15 23.2% 35 20 - 24 12,205 7.2% 13,202 7.4% 13,309 7.0% 25 - 34 25,251 14.9% 26,618 14.9% 28,002 14.8% 30 35 - 44 23,875 14.1% 23,219 13.0% 24,685 13.0% $25 - $34 15.9% 25 45 - 54 23,634 13.9% 22,948 12.8% 22,678 11.9% $200+ 55 - 64 19,176 11.3% 21,902 12.2% 22,844 12.0% 1.6% 20 $150 - $199 Percent 65 - 74 11,555 6.8% 15,897 8.9% 18,661 9.8% 1.6% 15 75 - 84 6,321 3.7% 7,428 4.1% 9,553 5.0% $100 - $149 85+ 1,990 1.2% 2,615 1.5% 2,881 1.5% 5.0% 10 Census 2010 2017 2022 $75 - $99 $35 - $49 6.6% 5 Race and Ethnicity Number Percent Number Percent Number Percent 15.6% $50 - $74 White Alone 81,342 47.9% 80,018 44.7% 80,116 42.2% 0 13.3% White Black Am. Ind. Asian Pacific Other Two+ Black Alone 26,001 15.3% 29,092 16.3% 31,546 16.6% American Indian Alone 1,607 0.9% 1,695 0.9% 1,765 0.9% 2017 Percent Hispanic Origin: 50.3% Asian Alone 9,643 5.7% 11,070 6.2% 12,763 6.7% Pacific Islander Alone 916 0.5% 970 0.5% 1,050 0.6% Some Other Race Alone 42,439 25.0% 47,540 26.6% 53,113 28.0% Two or More Races 7,692 4.5% 8,625 4.8% 9,469 5.0% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Hispanic Origin (Any Race) 81,250 47.9% 89,980 50.3% 98,530 51.9% Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 23 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL area deMOgraphiCs (5 MiLe radius)

Summary Census 2010 2017 2022 Trends 2017-2022 Population 496,972 531,776 566,133 Households 174,226 183,397 194,504 2 Families 103,300 107,557 113,496 1.8 Average Household Size 2.79 2.83 2.85 1.6 Owner Occupied Housing Units 67,699 64,917 68,097 1.4 Renter Occupied Housing Units 106,527 118,481 126,407 1.2 Median Age 33.4 34.3 34.8 1 Trends: 2017 - 2022 Annual Rate Area State National 0.8 Population 1.26% 1.52% 0.83% 0.6 Households 1.18% 1.40% 0.79% Area 0.4 State Families 1.08% 1.36% 0.71% Annual Rate (in percent) Rate Annual 0.2 USA Owner HHs 0.96% 1.39% 0.72% 0 Median Household Income 0.40% 1.45% 2.12% Population Households Families Owner HHs Median HH Income 2017 2022 Households by Income Number Percent Number Percent Population by Age <$15,000 33,795 18.4% 36,459 18.7% $15,000 - $24,999 29,357 16.0% 30,376 15.6% 14 $25,000 - $34,999 28,522 15.6% 28,292 14.5% $35,000 - $49,999 31,533 17.2% 31,589 16.2% 12 $50,000 - $74,999 29,081 15.9% 28,073 14.4% 10 $75,000 - $99,999 15,039 8.2% 18,620 9.6% $100,000 - $149,999 10,255 5.6% 13,619 7.0% 8

$150,000 - $199,999 3,240 1.8% 4,217 2.2% Percent 6 $200,000+ 2,564 1.4% 3,250 1.7% 4 2017 Median Household Income $35,006 $35,711 2 2022 Average Household Income $47,637 $52,825 0 Per Capita Income $17,195 $18,864 0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent 0 - 4 40,619 8.2% 40,699 7.7% 43,424 7.7% 2017 Household Income 2017 Population by Race 45 5 - 9 36,820 7.4% 37,801 7.1% 39,411 7.0% $15 - $24 16.0% 10 - 14 33,673 6.8% 34,849 6.6% 36,964 6.5% 40 15 - 19 35,803 7.2% 34,756 6.5% 36,502 6.4% <$15 35 20 - 24 37,633 7.6% 40,970 7.7% 41,361 7.3% $25 - $34 18.4% 15.6% 25 - 34 75,632 15.2% 82,390 15.5% 87,192 15.4% 30 35 - 44 69,722 14.0% 69,144 13.0% 74,537 13.2% 25 45 - 54 64,390 13.0% 64,444 12.1% 64,088 11.3% $200+ 55 - 64 49,977 10.1% 57,874 10.9% 61,315 10.8% 1.4% 20 $150 - $199 Percent 65 - 74 30,749 6.2% 42,022 7.9% 48,639 8.6% 1.8% 15 75 - 84 16,561 3.3% 19,826 3.7% 24,976 4.4% $100 - $149 85+ 5,392 1.1% 7,001 1.3% 7,724 1.4% $35 - $49 5.6% 10 17.2% Census 2010 2017 2022 $75 - $99 5 Race and Ethnicity Number Percent Number Percent Number Percent 8.2% White Alone 242,453 48.8% 240,874 45.3% 241,126 42.6% $50 - $74 0 15.9% White Black Am. Ind. Asian Pacific Other Two+ Black Alone 66,861 13.5% 76,228 14.3% 83,226 14.7% American Indian Alone 4,361 0.9% 4,640 0.9% 4,827 0.9% 2017 Percent Hispanic Origin: 53.1% Asian Alone 27,615 5.6% 31,869 6.0% 36,568 6.5% Pacific Islander Alone 2,997 0.6% 3,213 0.6% 3,490 0.6% Some Other Race Alone 128,928 25.9% 147,852 27.8% 167,026 29.5% Two or More Races 23,757 4.8% 27,101 5.1% 29,870 5.3% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Hispanic Origin (Any Race) 249,746 50.3% 282,209 53.1% 311,640 55.0% Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 24 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Las Vegas highLights

A Record 42.2 million people visited Las Vegas in 2017. Las Vegas hosts an average of 10,000 wedding ceremonies each month, that’s over 300 Weddings a day. Source: www.drrsvcs.com/nevada-marriage- records

The T-Mobile Arena opened its doors in April 2016. At the cost of $375 million, this area has a total square footage of 650,00 and has a seating capacity of 20,000.

After a 31-1 approval vote to move to Las Vegas, the Oakland Raiders recently closed on a 62-acre parcel adjacent to the Las Vegas Strip that will house the new $1.9 billion stadium set to open in 2020.

With the $70 million 350,000 square foot expansion of Mandalay Bay Convention Center completed, it now has more than 2 million total square feet. This moved its ranking to ffth in total square footage in North America.

The Las Vegas Convention Center is undergoing a $1.4 billion 600,000 square foot expansion/renovation project to advance the tourism industry in Southern Nevada by providing a state-of-the-art facility.

University of Nevada, Las Vegas has increased their student enrollment numbers in 2017 to 30,471, up 2.6% from previous year.

Project Neon is Nevada’s largest and most expensive public works project holding a price tag of $1 billion. This 3.7 mile long widening of Interstate 15 from U.S. 95 interchange to Sahara Avenue project will be completed in summer of 2019.

Las Vegas’ frst NHL team will be known as the Vegas Golden Knights and begin play in the 2017-2018 season at the T-Mobile Arena.

Las Vegas has approved a United Soccer League team and it will be called the Las Vegas Lights Football Club. They will begin play at Cashman Field during the 2018 season.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 25 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Las Vegas OVerVieW (COn’t)

Las Vegas

Encircled by mountains in the Mojave Desert of Southern Nevada, Las Vegas is a city of intriguing contrasts, from suburbs flled with green parks and families to the vacation playground of The Strip. It is home. It is escape. It is unique.

The Las Vegas–Paradise–Henderson Metropolitan Statistical Area (MSA), stretches across the southern-most tip of the state, encompassing 8,091 square miles. As the county seat of Clark County (the 22nd largest county in the nation), Las Vegas is widely known as the “entertainment capital of the world” and a premier destination for gambling, fne dining, entertainment, and shopping. This reputation has made Las Vegas a popular setting for flms and television programs, and 19,767 conventions in 2017 alone. The city also functions as the leading fnancial and growing cultural center for southern Nevada.

The famous Las Vegas Strip is a four mile long stretch of Las Vegas Boulevard famous for its dense concentration of casinos, resort hotels, restaurants, and mega-clubs. Located south of downtown in the unincorporated towns of Paradise and Winchester, the Strip and the immediate area hosted 42,208,200 million visitors in 2017. Las Vegas is the city that never sleeps, meaning round the clock opportunities for business owners and investors.

2017201 TOP7TOP EMPLOYERSEMPLOYERS Economy EMPLOYEENAME EMPLOYEES INDUSTRY MGM Resorts Intl. 53,157 HotelCasino With a population of approximately 2.2 million, the Las Vegas MSA is the Caesars Entertainment Corp. 30,000 HotelCasino 31st most populated CBSA (Core Based Statistical Area) in the U.S. The key economic driver in the MSA is the tourism industry generated by the Stations Casinos, LLC 14,000 HotelCasino casinos, hotels, and the major attractions offered in the valley. Of the Wynn Resorts 12,000 HotelCasino 500 U.S. corporations with the largest revenues in 2016, listed by Fortune Boyd Gaming Corp 11,700 HotelCasino magazine in 2017, four are headquartered in Las Vegas. All four are part Las Vegas Sands Corp 8,600 HotelCasino of the Leisure and Hospitality Sector: Caesars Entertainment, Las Vegas Valley Health 7,463 Health Care Sands, MGM Resorts International, and Wynn Resorts. McDonald's 5,250 Fast food Cosmospolitan of Las Vegas 5,008 HotelCasino Southwest Medical Associates 4,808 Health Care *Source: VegasInc.com

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Business and travelers alike have shown a renewed interest in Las Vegas. Most tourism numbers for 2017 exceeded recent years. Las Vegas EmploymentbyIndustry 28% Leisure & Hospitality suffered during the recession and was perceived as the hardest hit by 19% Transportation/Utilities

the economic turndown. Now the city is making healthy strides toward Services 14% Professional & Business Services

expansion and is a symbol of the nation’s recovery. 13% Government

10% Educ. And Health Services Since 2010, total employment in the Las Vegas area has grown at an 4% Construction average annual rate of 2.2%, exceeding the U.S. employment average annual growth rate of 1.7%. Moreover, the Las Vegas retail sector 5% Financial Activities accounts for 12% of total employment. 3% Manufacturing 1% Information Downtown Las Vegas is the recipient of substantial investment funds 2% Mining and rebranding efforts led by the Downtown Project. A massive 4% Other campaign to transform Downtown Las Vegas (north of the Strip) into a community attractive to new businesses and young urban professionals

has occurred and is a continuing working community plan by local *Source: Bureau of Labor Statistics government and business leaders. The neighborhood is flling with low vacancy offce and apartment buildings and a thriving arts-centered nightlife scene. All of these facets, including a quickly rebounding housing market, foretell a continuation of the steady growth Las Vegas’ economy is experiencing.

Business and Individual “Friendly” Tax Structure

Due to gaming revenue income received by the state and local government, Nevada does not impose personal income, estate, business, or gift tax. Las Vegas is able to offer unmatched incentives that continue to facilitate job and business growth and enable the local economy to rebound after the recession. This local tax structure is very attractive to individuals, investors, and businesses.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 27 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Las Vegas OVerVieW (COn’t)

Demographic Analysis

The following is a demographic study of the region sourced by Site To Do Business (STDB Online), an on-line resource center that provides information used to analyze and compare the past, present, and future trends of geographical areas. Demographic changes are often highly correlated to changes in the underlying economic climate. Periods of economic uncertainty necessarily make demographic projections somewhat less reliable than projections in more stable periods. These projections are used as a starting point, but we also consider current and localized market knowledge in interpreting them within this analysis.

Population POPULATION YEAR UNITEDSTATES NEVADA CLARKCOUNTY,NV According to Esri, a Geographic Information System (GIS) Company, the 2010 Total Population 308,745,538 2,700,551 1,951,269 2017 Total Population 327,514,334 2,994,047 2,192,887 Las Vegas-Paradise, NV metropolitan area has a 2017 total population 2022 Total Population 341,323,594 3,228,882 2,386,454 of 2,192,887 and has experienced an annual growth rate of 1.52% for 20102017 CAGR 0.82% 1.43% 1.62% the past decade, which is higher than the Nevada annual growth rate 20172022 CAGR 0.83% 1.52% 1.71% of 1.0% over this timeframe. The metropolitan area accounts for 73.2% of *SOURCE: (STDB) SITE TO BUSINESS the total Nevada population (2,994,047). Within the metropolitan area the population density is ±253 people per square mile compared to the lower MEDIANAGE Nevada population density of ±25 people per square mile and the lower YEAR UNITEDSTATES NEVADA CLARKCOUNTY,NV United States population density of ±89 people per square mile. 2017 38.2 37.4 36.7 2020 38.9 37.6 36.8 The 2017 median age for the metropolitan area is 36.7 which is younger than CAGR 0.36% 0.11% 0.05% the United States median age of 38.2. The metropolitan area anticipates the *SOURCE: (STDB) SITE TO BUSINESS median age to increase by 0.3% annually over the next fve years, raising the median age to 37.6 by 2022.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 28 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Las Vegas OVerVieW (COn’t)

Education

There are two major providers of higher education in Las Vegas, the College of Southern Nevada (CSN) and the University of Nevada-Las Vegas (UNLV). CSN has an enrollment of approximately 34,400 and this two-year public college is the 3rd largest community college in the United States. It is part of the Nevada System of Higher Education. UNLV has an enrollment of over 30,000, and offers 146 programs of study in multiple felds resulting in bachelor’s, master’s, and doctorate degrees; also regarded to be a ‘research-intensive university’ with its science and techology, business management and law programs. The University’s hospitality program consistently ranks among the top hospitality programs in the country due to the school’s proxmimity to the Las Vegas Strip. In addition, UNLV houses the School of Dental Medicine and the William S. Boyd School of Law, the only dental and law programs in the state.

Additionally, smaller specialized colleges draw students from around the country.

• Nevada State College • Regis University (satellite) • University of Phoenix (satellite) • Embry-Riddle Aeronautical University (satellite) • The Art Institute of Las Vegas

UNLV School of Medicine

The UNLV School of Medicine will be a full-scale, four-year medical school with a mission to improce access to high -quality health care in Southern Nevada. The accompanying academic health center will serve as the core infrastructure for the entire medical community.

• $100 Million, 170,000 square foot building on 10 acres • Newly Designed Learning Space • Initial Class of 60 Students July 2017

www.unlv.edu/medicine

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Professional Sports Comes To Las Vegas

NFL - LAS VEGAS RAIDERS NHL - LAS VEGAS GOLDEN KNIGHTS

The Oakland Raiders received the NFL’s approval to move The Las Vegas’ T-Mobile Arena is the to Las Vegas for the 2020 NFL season. The construction of home to the frst professional sports the new $1.9 billion stadium just to the west of the Strip is franchise in the history of Las Vegas. currently in progress. The venue’s horse-shoe shape, designed by Manica The Vegas Golden Knights are right now playing Architecture, would accommodate an audience of 65,000 spectators, 8,000 their frst season. The Golden Knights will pay at least cars, tailgating amenities and mixed-use commercial facilities. Along with the 40 hockey games in the T-Mobile Arena per season. economic benefts of in-season games, this venue would also allow Las Vegas to host the annual Super Bowl – which would bring in hundreds of millions of dollars in tourism and revenue.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 30 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL Las Vegas OVerVieW (COn’t)

McCarran International Airport

McCarran International Airport (LAS) represents the geographic and economic heart of the Las Vegas valley and serves as the initial visitor gateway to one of the most exciting resort destinations in the world. LAS is the primary commercial airport serving the Las Vegas Valley, a major metropolitan area in Nevada, and one of the busiest airports in the world and a centerpiece of southern Nevada’s tourism-based economy.

2017 McCarran International Airport welcomed 48.5 Million passengers, a 2.3 percent upturn from the year prior. Overall domestic passenger volume grew by 2.4 percent, accounting for 1.05 million additional Las Vegas passengers in 2017.

Highlights • Ranked eighth busiest airport in North America in terms of passenger traffc - 2017 • Ranked 26th busiest airport worldwide in terms of passenger traffc - 2017 • Nominated the last seven (7) years in World Travel Awards • Airport customer service program initiated called MAYS: McCarran At Your Service

Vehicular Transportation

Interstate 15 is the main route North and South from San Diego, California, through Las Vegas, on to the US/Canada border. The majority of visitors from Southern California arrive in Las Vegas by traveling Interstate 15.

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7 $13.6 Billion in New 3 1 4 Capital 9 Investment 10 is Driving 2 Growth 8 5 6

1. Resorts World Las Vegas - $4.0 Billion 2. Las Vegas Stadium - $1.9 Billion

• $4 billion Strip resort project with a heavy Asian theme began • The Oakland Raiders will move to Las Vegas for the 2020 NFL construction in 2017. season. • Resorts World, developed by the Genting Group, is being • The groundbreaking ceremony took place in November 2017 built at the former site of the Stardust and Echelon. for a new $1.9 billion stadium just west of the Strip. • Genting, which bought the site from Boyd in 2013 for $350 • The venue’s horse-shoe shape, designed by Manica million, will be using the partially constructed Echelon Architecture, would accommodate 65,000 spectators, 8,000 structures for this property. cars, tailgating amenities and mixed-use commercial facilities. • With a projected opening set for 2020, the initial phase will • The design shows a retractable natural turf feld. have 3,100 rooms, a 100,000-square-foot casino, shops and • This venue would also allow Las Vegas to host the annual restaurants spread across its 88-acre site. Super Bowl.

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3. Wynn Paradise Park - $1.5 Billion 4. Convention Center Expansion - $1.4 Billion

• Wynn Resorts Ltd. is building its third hotel behind its two Las • Las Vegas Convention Center will be renovated and Vegas casinos, an ambitious Carnivale themed project called expanded into a $1.4 billion Las Vegas Global Business District. Wynn Paradise. • Planned in four phases, new facilities will replace the 26-acre • The $1.5 billion resort will take the place of the golf course and Riviera Hotel site, adding ±1.4 million square-feet of exhibit and feature 1,500 rooms around a 38-acre lagoon, a small casino, meeting space. restaurants and nightclubs. • Phase Two of the project is projected to be completed in • The lake will have a white sandy beach, a boardwalk, water 2020. skiing, paddle boating, zip lines/gondola, and nightly freworks. • Expected to draw an additional 600,000 visitors a year, drive • Heavy duty construction should begin by spring 2018 with a $2.1 billion in economic activity during construction and have 2020 debut. an annual economic impact of $810 million when fnished. 5. Union Village - $1.2 Billion 6. Switch - $1 Billion

• Union Village will be the frst Integrated Health Village in the • Switch is a globally recognized leader in future-proof data world, and is listed as the largest healthcare building project in center design, superscale cloud, unparalleled telecom the United States. gateways and energy sustainability. • The $1.2 billion dollar, 155-acre planned development not only • Its Southern Nevada expansion includes a $1 billion data covers healthcare, but retail, entertainment, and senior living storage site on 200 acres near its two existing data storage as well. facilities at South Jones Boulevard and the 215 Beltway. • Approximately 355,000 square feet have been completed, • Idea to link 50 million people within 14 milliseconds of data totaling $300 million in work, with another 476,000 square feet hosted at each of the company’s data hubs via a superloop to be under construction soon. of fber optic cable connecting its Reno and Las Vegas supernaps sites, with a planned facilities in LA and SF.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. 33 | Offering MeMOranduM ViVa Las Vegas Wedding ChapeL

7. Project Neon - $1 Billion 8. Extreme Sports Park - $800 Million

• Project Neon is the largest public works project in Nevada • Josh Kearney’s $800M extreme sports park called The Edge history. received county approval in 2017. • $1 billion effort to redesign and widen Interstate 15 from the • 130-acre at the SEC of Las Vegas Boulevard and Sunset Road, U.S. Highway 95 interchange to Sahara Avenue by July 2019. adjacent to Town Square Las Vegas, a 1.2M SF class A open • Currently this road is the busiest stretch of highway in Nevada air shopping, dining, offce and entertainment center. with 300,000 vehicles daily. Traffc through the corridor is • The Park is expected to have surfng/wake boarding/rock expected to double by 2035. climbing/mountain biking/indoor skydiving/bungee jumping/zip lines and a 15-story, 640 room hotel with a casino, convention space, restaurants and two rooftop pools. • Project will take approximately 2.5 years to complete.

9. Palms Renovation - $485 Million 10. Park MGM (Former Monte Carlo) - $450 Million

• Station Casinos will enhance nearly every feature of the resort • A transformation occurring in Las Vegas is the conversion of by investing $485 million in improvements. the Monte Carlo into two hotels: a 2,700-room luxury resort • Plans include redesigned/renovated hotel rooms, 60 new Park MGM and a 292-room hotel NoMad Las Vegas. hotel rooms, 29,000 square foot nightclub, new 73,000 square • This $450 million makeover is projected to be completed by foot pool club, several celebrity chef restaurants, new spa, the end of 2018. meeting/convention space, new covered parking spaces, • The new resort will feature two hotels, redesigned rooms, an refresh of the Pearl Theater, renovated casino foor, and a new Italian market Eataly with cafes, walk-up counters and dine-in front desk registration area to name a few. restaurants. • First phase underway and the second phase is expected to be • The properties will have amenities such as dining and casinos completed by early 2019. as well as a 5,300-seat theater at the Park MGM.

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness. CommercialSun Real Estate, Inc.

Cathy Jones, CPA, SIOR, CCIM Anders Graciano Roy Fritz Jessica Cegavske Taylor Vasquez CEO Senior Associate Senior Vice President Vice President Associate 702-968-7320 702-968-7336 702-968-7322 702-968-7321 702-968-7316 [email protected] [email protected] [email protected] [email protected] [email protected]